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Mierscourt Road, Rainham, Gillingham

South East

£340,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This end-of-terrace three-bedroom home is positioned in a quiet walkway in Rainham, making it a prime candidate for buyers interested in renovation and investment. The property boasts spacious living areas, including a welcoming entrance hall, a kitchen, and a generous lounge/diner—ideal for modern living needs. A conservatory enhances the rear space, providing an additional area with garden views that could benefit from cosmetic updates. A notable asset is the outbuilding/home office, which offers versatile usage possibilities for those working remotely or needing extra storage. Importantly, the home previously had planning permission for an extension that has since lapsed, indicating substantial potential for expansion subject to reapplication. On the first floor, buyers will find three well-sized bedrooms and a family bathroom that offer plenty of scope for personalization. The exterior features a private rear garden conducive to outdoor activities and entertaining, complemented by an en-bloc garage for parking or additional storage. Conveniently located near amenities, schools, green spaces, and transport links like Rainham railway station with services to London, this property presents an excellent opportunity for first-time buyers, growing families, or investors looking to capitalize on its rental potential in this desirable community.

Investment Analysis

(ME8 area)
Area Average
£362/sq ft
Avg Rent (weekly)
£309
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -2.1%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on ME8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mierscourt Road, Rainham, Gillingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,284
Based on a loan of £255,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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